Bitwise Investments Chief Investment Officer (CIO) Matt Hougan lists his top three crypto assets.
grid To tell In a new Stansbury Research interview, Bitcoin (BTC) and Ethereum (ETH) are the “two big horses” investors should have in their crypto portfolio.
“Now I will talk about three that caught my eye.
Bitcoin is still a very important crypto asset, and we believe that asset institutions can hold it most securely.
I think this is a hedge against monetary policy mistakes and there is still a significant risk of those mistakes. A second stage of inflation could occur in Europe, which could complicate matters here in the United States. So I think it’s a nice hedge of that perspective. I think you see a constant flow into that space.
We are probably most excited about Ethereum. A few years ago, you would have bought bitcoin, launched your cryptocurrency, and thought you were 80% right. I think we need at least Bitcoin and Ethereum today. Here are the two big horses he needs in his crypto portfolio.
There are so many technological advancements going on in the Ethereum ecosystem. The number of developers is huge and the cost per transaction is dropping very quickly which is very exciting. That’s why I love what’s happening with Ethereum.
According to the CIO of Bitwise Investments, another crypto asset investors should consider is the native token of Cosmos (ATOM), a blockchain ecosystem designed for scalability and intercommunication.
And the third asset that I will put in there now: There is a lot of excitement around Cosmos.
Cosmos has a lot of interesting activity going on right now and a lot of excitement around that particular crypto asset. So if you want to get past the Big 2, I think it’s an interesting altcoin too.
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